Griffon Corp expected to post earnings of 33  cents a share - Earnings Preview

Griffon

26/04/2022 19:31

* Griffon Corp  GFF.N   GFF  is expected to show a rise in
quarterly revenue when it reports  results on April 28. 
    * The New York City-based  company is expected to report  a
5.4% increase in revenue to $668.92 million from $634.83 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Griffon Corp is for
earnings of 33 cents per share. For the same quarter last year,
the company reported earnings of 48 cents per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 5 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Griffon
Corp is
$33​, above​ its last closing price of $18.56. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.15        0.14       0.39      Beat    188.9
 Sep. 30 2021  0.43        0.45       0.40      Missed  -10.4
 Jun. 30 2021  0.41        0.41       0.43      Beat    6.2​
 Mar. 31 2021  0.30        0.30       0.48      Beat    58.2
 ​​Dec.        0.32        0.32       0.56      Beat    73.2
 31 2020                                                
 Sep. 30 2020  0.43        0.43       0.44      Beat    2.3​
 Jun. 30 2020  0.32        0.23       0.59      Beat    160.3
 Mar. 31 2020  0.19        0.19       0.23      Beat    23.2
 This summary was machine generated April 26 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated